- Increase fontDecrease font Text size
Detail of GEF Project #3771
| GEF Project ID | 3771 |
| IBRD PO ID | 114119 |
| Funding Source | GEF Trust Fund |
| Project Name | Chiller Energy Efficiency Project |
| Country | Philippines |
| Region | Asia and the Pacific |
| Focal Area | Climate Change |
| Operational Program | 5 |
| PIF Approval Date | 2008-09-17 |
| Approval Date | 2008-11-13 |
| CEO Endorsement Date | 2010-05-10 |
| Project Status | CEO Endorsed |
| Executing Agency | Development Bank of the Philippines,/Land Bank of the Philippines, Chiller Owners |
| Description | The project will provide asssistance to stimulate accelerated conversion of CFC-based, and other energy inefficient chillers to new and more energy efficient technology through the provision of financial incentives and a robust policy framework thereby addressing well-documented techno-economic barriers and overcoming market barriers to improved energy efficiency. National capacity for carbon finance intermediation will be built through the project to enable a permanent transformation of the chiller market. The breadth of transformation and the sustainability of project outcomes will be augmented with carbon finance revenues. |
| GEF Project Grant | 2,600,000 USD |
| GEF Grant | 2,600,000 USD |
| Cofinancing Total | 51,270,200 USD |
| Project Cost | 53,870,200 USD |
| GEF Agency Fees | 260,000 USD |
| GEF Project (CEO Endo.) | 2,600,000 USD |
| Cofinancing Total (CEO Endo.) | 45,300,400 USD |
| Project Cost (CEO Endo.) | 47,900,400 USD |
| GEF Agency Fees (CEO Endo.) | 260,000 USD |
| Project Documents |
Related Links: Country Profile | Project Search